NovaTech FX investors are spreading a wild claim: the FBI audited and approved their suspected Ponzi scheme.

CEO Cynthia Petion says she has proof. She claims she received a 700-page audit report from the feds. The story came out during a September 22nd webinar called "Compounding for Wealth," hosted by NovaTech investor Heather Bilange.

Here's how it unfolded. Keith Walden spoke last during the Q&A. He explained that he and others jumped into NovaTech after their previous investment collapsed. That scheme was HyperFund and Hyperverse, both confirmed Ponzi operations. Walden said they were desperate. "It was a crypto winter and we were like, 'What are we gonna do?'" he told the webinar audience. They turned to NovaTech on the recommendation of the Satoshi Show, a platform run by serial Ponzi promoters Troy Rejda and David Chandler.

Then Bilange made the move. "You know Cynthia, that's the group that had an FBI investigator do a seven hundred page report," she said. "Remember I sent that to you?"

Petion's response was telling. "Yeah I wasn't gonna read that," she said. Bilange doubled down: "And the bottom line of that whole story is, after seven hundred pages... the investigator said, 'This is a good company to move forward with'."

The conversation took a sharp turn when someone asked the obvious question: where's the report?

"We're gonna have to stop saying that because now everybody's gonna ask for that report," Petion said. "I don't have it. Don't come looking for the report. I burned it after I read the final, the bottom line."

Let's be clear about what NovaTech FX actually does. The company solicits investments in cryptocurrency with a promise of weekly passive returns. It also runs an MLM compensation structure that pays people for recruiting new investors. That's a textbook Ponzi setup.

The idea that the FBI would conduct and then keep secret a 700-page audit is absurd. The notion that federal investigators would approve a scheme committing securities, commodities and wire fraud is pure fantasy.

Russia is the only country that has taken public action against NovaTech FX. The operation runs from the United States, controlled by husband-and-wife team Cynthia and Eddy Petion, who are believed to live in Florida. Nearly all the NovaTech leaders promoting the scheme at that September webinar are based in the US and Canada, including Rejda and Chandler.

A CEO who admits burning a government report after reading it isn't running a legitimate operation. She's running damage control.

🤖 Quick Answer

What claims are NovaTech FX investors making about FBI involvement?

Who is Keith Walden and what did he reveal?
Keith Walden is a NovaTech investor who spoke during the webinar's Q&A session. He disclosed that he and others invested in NovaTech after their previous investments collapsed, specifically HyperFund and Hyperverse, both confirmed Ponzi schemes. They cited difficult market conditions as motivation.

What previous investment schemes involved NovaTech investors?
Several NovaTech investors previously participated in HyperFund

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